India GDP Likely to Show Moderating Growth as Activity Slows -- Market Talk
Dow Jones
Jun 03
0515 GMT - India's upcoming GDP data is likely to show the economy lost steam in the final quarter of the fiscal year ended March, DBS's economics team says. DBS estimates that real GDP growth moderated to 7.2% on the year from 7.8% the prior quarter. The slowdown was likely driven by softer industrial activity, freight traffic, exports, as well as imports of goods, DBS's Radhika Rao and Daisy Sharma write in a note. Government capital and revenue expenditure likely also remained weak. They see a further moderation to 6.9% growth in the next GDP print. For FY 2026, official projections put the economy's expansion at 7.6%, broadly in line with DBS's 7.7% forecast. (fabiana.negrinochoa@wsj.com)
(END) Dow Jones Newswires
June 03, 2026 01:16 ET (05:16 GMT)
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